Governor Katie Hobbs announced the release of the updated Military Economic Impact Report, commonly referred to as the Maguire Report. This report, sponsored by the State of Arizona and supported by the Arizona Department of Emergency and Military Affairs, highlights the significant economic contributions made by Arizona’s military bases and National Guard operations to the state’s economy. The Maguire Report reveals a substantial economic impact, with a total jobs impact of 78,780 and an astonishing economic contribution of 15.528 billion dollars.
“The Maguire Report underscores the vital role played by Arizona’s military installations, not only in defending our nation but also in driving economic growth within our great state,” said Governor Katie Hobbs. “These findings demonstrate that investing in our military is an investment in Arizona’s future prosperity. I want to extend my sincere appreciation to the men and women of our armed forces who serve tirelessly at Arizona’s military installations. Their dedication and service not only protect our national security but also bolster our local economies, making Arizona a stronger and more resilient state.”
Additional key findings from the report include:
Total economic output from Arizona’s military operations nearly tripled during the period from FY 2000 to FY 2022, from $5.664B in FY 2000 to $15.528B in FY 2022. This increase came despite recent reductions in direct employment due to military mission adjustments since FY 2014.
Direct employment at principal military operations in Arizona increased by nearly 10% from FY 2000 to FY 2005, followed by a net 1% increase from FY 2005 to FY 2014. However, the most recent analysis reveals a decrease of almost 7% from FY 2014 to FY 2022 due to recent military mission adjustments. “This factor supports the need for continued effort and advocacy to support the military missions already present in Arizona and the economic incentives to attract new missions to our great state,” Governor Hobbs noted.
A total of 78,780 jobs in Arizona, comprising direct, indirect, and induced employment, can be attributed to the military as an industry in FY2022. This is down 18% from the total employment impact documented in FY 2005 of 96,328, again supporting the need for continued efforts and advocacy to expand the military as a base industry in the state.
In addition to assessing economic impacts, the study examines the comparisons of state and local fiscal impacts of Arizona’s military industry, highlighting its substantial contributions to state and local tax revenues.
Read the full report here.
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